November 23, 2024
What is Demand-Pull Inflation? Explained! | L2 | Dr. Rinkoo Shantnu | PCACS

What is Demand-Pull Inflation? Explained! | L2 | Dr. Rinkoo Shantnu | PCACS

Video by MES e-Learning via YouTube
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What is Demand-Pull Inflation? Explained! | L2 | Dr. Rinkoo Shantnu | PCACS

In this video, we explore demand-pull inflation, a key economic concept where increased demand for goods and services drives prices up. Learn about the causes, such as higher consumer spending, government expenditure, and business investments. Discover the effects of demand-pull inflation on the economy, including rising prices, economic growth, and decreased purchasing power. We also discuss how central banks and governments can control this type of inflation.

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